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31 Tibbetts St

Brewer ME 04412

2
1
1572 sq. ft.
23958 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Privacy, income potential, and an incredible house-hacking opportunity at the end of a quiet dead-end street in Brewer! Welcome to 31 Tibbetts Street, an income-producing duplex offering flexibility for investors and owner-occupants alike. Situated on approximately 0.55 acres, this property features exceptional privacy, a spacious yard, and ample off-street parking while remaining conveniently close to Bangor, Brewer amenities, shopping, and major commuting routes. The property features a nice two-bedroom, one-bathroom upstairs apartment and a one-bedroom, one-bathroom downstairs apartment. A standout feature is the oversized detached garage, fully insulated, finished, and heated, with 10-foot ceilings and additional overhead storage. Perfect for a workshop, hobbies, vehicles, or equipment! Each unit has its own furnace and separately metered electricity. Heating fuel is currently owner-paid, but the existing setup offers potential for separate fuel arrangements with additional tanks and minor modifications. Both units are currently rented month-to-month, generating $2,300 in monthly income, with rents believed to be well below current market values. The downstairs tenant plans to relocate upon completion of her new home, offering potential flexibility for an owner-occupant. One unit may be available at closing, subject to appropriate arrangements. Whether you're looking to live in one unit while rental income helps offset your mortgage or expand your investment portfolio, this property offers an excellent combination of income potential, privacy, and versatility. Don't miss this unique Brewer opportunity!

Features

2 bathrooms
1 carspace
1 garage space
1572 sq. ft. floor area
23958 sq. ft. lot size
Multi-Family

Property history for 31 Tibbetts St

2023
Sold
$234,000
23 Jun 2023 by Vincent Muzychko, of eXp Realty, LLC (E - SR14 - Maine)
2022
Sold
Undisclosed
05 Jul 2022
2017
Sold
$82,000
19 May 2017 by David Caliendo

Happy sellers in Brewer

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We have insufficient information to provide an overview of customer satisfaction for Brewer. Viewing the agent profiles, reviews and sales for Brewer can provide insights for this location.

Local market activity for multi families in Brewer

In the last 12 months, 16 multi families similar to 31 Tibbetts St, have been sold.

This represents a 25% decrease in multi families sales when compared to the previous 12 months.

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